It seems that once again the large real estate ventures are getting into trouble and are facing the foreclosure gavel. The Twin Lakes Mall in Wichita Kansas is in dire straits and is in the process of being foreclosed on by the bank. However it looks like it should remain business as usual for the [...]
Freddie Mac has been in trouble for a long time. For the last three months since Ed Halderman joined the board of trustees he has been working to steady the stability of the struggling company. He is a mere 70 years of age and is the executive director of the board of trustees at Freddie [...]
There is a very interesting story posted on the Business Week website this week. It asks a rather simple question that I think a lot people would be interested in knowing the answer and general consensus to. Should Wall Street Give Their Bonuses to the Homeless? Most people directly blame Wall [...]
The foreclosure crisis for a lot of people actually started when they, as borrowers, were willing to take a risk on sub-prime loans. Today that crisis, as outlined in this story is reaching farther down the line to people who quite simply can’t find work. People who were at one time [...]
Out of the mouths of babes. In the first story this week is a fourth grader who asked president elect Obama “Why do people hate you?” President Obama was making his first Presidential visit to New Orleans this week and while there he attended a town hall meeting. During Thursday’s meeting, [...]
The first story this week is brought to you from the News Giant CNBC. It seems that the numbers are just as high as ever when you are looking into the foreclosure crisis and the mortgage lenders who had called a moratorium on foreclosures have once again decided to kick folks [...]
This is an interesting tidbit of information from the New York Daily News. It seems that in the investigation of people who have gotten help in restructuring their loan terms, end up missing another payment. It seems that over half of the loans that were checked that had gotten some form [...]
Even in today’s market where foreclosure property can be great buys there are still some rules that you need to abide by and some things that you need to know. We’ll call them home buying tips. This article goes over the six biggest mistakes that homebuyers make from getting pre approved [...]
